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Commodities

Brent Crude Rises 4.1% to $104.28 on Thursday

Brent crude rose 4.1% to $104.28 on Thursday, driven by Middle East war concerns and worries over hurricanes.

Brent Crude Rises 4.1% to $104.28 on Thursday
Image: BullishMarketCap

Brent crude climbed 4.1% on Thursday to reach $104.28 per barrel, according to Nation Thailand. The increase was driven by ongoing conflict in the Middle East alongside emerging worries regarding potential hurricane impacts.

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The commodity saw a notable upward adjustment during Thursday's trading session as geopolitical tensions and weather-related supply risks weighed on market sentiment.

Key facts

  • Brent crude rose 4.1% on Thursday.
  • The price reached $104.28 per barrel.
  • Drivers included the Middle East war and hurricane worries.
$OIL#Commodities#Oil#Markets

Source: news.google.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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